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 Priority Banking, Everything about Priority Banking

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ProxMatoR
post Jun 28 2019, 12:20 AM

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QUOTE(7498 @ Jun 26 2019, 03:55 PM)
I am an existing Ambank Priority Banking customer but since last month, I moved most of my funds to another bank and current balance with Ambank is less than 200k. If I were to apply a supplementary PB world master card for my family now, how likely that it will be approved since I should not be a PB customer now by definition?
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they will still approve, since it is supplementary card....

but the benefits, will no longer hold as PB customer...... as of the lounge access.....
tsmin1989
post Jun 29 2019, 05:01 PM

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QUOTE(digidigi @ May 29 2019, 08:47 PM)
Hi, may I know how much is the minimum deposit for priority banking for Hong Leong bank atm?
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Total AUM for HLB is RM300k and above

user posted image

This post has been edited by tsmin1989: Jun 29 2019, 05:01 PM
cklimm
post Jun 29 2019, 11:35 PM

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QUOTE(tsmin1989 @ Jun 29 2019, 05:01 PM)
Total AUM for HLB is RM300k and above

user posted image
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Hey, they have changed the color scheme dont they, it was used to be gold with blue stripes.
tsmin1989
post Jun 29 2019, 11:38 PM

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QUOTE(cklimm @ Jun 29 2019, 11:35 PM)
Hey, they have changed the color scheme dont they, it was used to be gold with blue stripes.
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I have no idea, I just get it last two week.
cklimm
post Jun 30 2019, 12:12 AM

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QUOTE(tsmin1989 @ Jun 29 2019, 11:38 PM)
I have no idea, I just get it last two week.
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looks good anyway, have fun.
donhay
post Jul 1 2019, 04:11 PM

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I was wondering, those who are priority customer with a bank. May I know what's the benefits do you get? and how's your Relationship manager?

For me, I got Hong Leong, actually nothing terrific.

My RM help me to diversify my portfolio and introduce me to a structure product investment, which are ok. Then he keep introducing other investments. He also help me do my FD when FD mature, i don't have to q.
When in the branch, some HL branch have priority lane, but still have to q
Human Nature
post Jul 1 2019, 04:20 PM

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QUOTE(donhay @ Jul 1 2019, 04:11 PM)
I was wondering, those who are priority customer with a bank. May I know what's the benefits do you get? and how's your Relationship manager?

For me, I got Hong Leong, actually nothing terrific.

My RM help me to diversify my portfolio and introduce me to a structure product investment, which are ok. Then he keep introducing other investments. He also help me do my FD when FD mature, i don't have to q.
When in the branch, some HL branch have priority lane, but still have to q
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Mostly using it to skip queue, esp useful in BR and Ambank, but not so for OCBC because I prefer to go to the normal counters than the PB centers. I am aiming for UOB just for it's parking. So mostly for convenience sake for me.
prince_mk
post Jul 1 2019, 08:11 PM

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QUOTE(Havoc Knightmare @ Jun 12 2019, 08:14 AM)
Standard Chartered Singapore.. it also allows me to trade with no minimum brokerage fee across all Developed Markets, so I can reinvest small chunks of dividends nicely without worrying about minimum fees.
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how to qualify for SC Sg PB ?
Havoc Knightmare
post Jul 1 2019, 08:47 PM

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QUOTE(prince_mk @ Jul 1 2019, 08:11 PM)
how to qualify for SC Sg PB ?
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Maintain a minimum of SGD 200k in AUM. Unlike Malaysian banks, it can be in stocks and all other sort of investment assets, instead of just cash.
csbong87
post Jul 1 2019, 10:02 PM

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QUOTE(donhay @ Jul 1 2019, 04:11 PM)
I was wondering, those who are priority customer with a bank. May I know what's the benefits do you get? and how's your Relationship manager?

For me, I got Hong Leong, actually nothing terrific.

My RM help me to diversify my portfolio and introduce me to a structure product investment, which are ok. Then he keep introducing other investments. He also help me do my FD when FD mature, i don't have to q.
When in the branch, some HL branch have priority lane, but still have to q
*
Better FD rates from the regulars (Not that much either)
Boomwick
post Jul 2 2019, 12:24 AM

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QUOTE(donhay @ Jul 1 2019, 04:11 PM)
I was wondering, those who are priority customer with a bank. May I know what's the benefits do you get? and how's your Relationship manager?

For me, I got Hong Leong, actually nothing terrific.

My RM help me to diversify my portfolio and introduce me to a structure product investment, which are ok. Then he keep introducing other investments. He also help me do my FD when FD mature, i don't have to q.
When in the branch, some HL branch have priority lane, but still have to q
*
Dont u find HLB punya RM turnover rate very fast?
Mine is keep changing.. RM also didnt bother to contact me...
icemanfx
post Jul 2 2019, 07:31 AM

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QUOTE(donhay @ Jul 1 2019, 04:11 PM)
I was wondering, those who are priority customer with a bank. May I know what's the benefits do you get? and how's your Relationship manager?

For me, I got Hong Leong, actually nothing terrific.

My RM help me to diversify my portfolio and introduce me to a structure product investment, which are ok. Then he keep introducing other investments. He also help me do my FD when FD mature, i don't have to q.
When in the branch, some HL branch have priority lane, but still have to q
*
Earning commission and fees.

QUOTE(Boomwick @ Jul 2 2019, 12:24 AM)
Dont u find HLB punya RM turnover rate very fast?
Mine is keep changing.. RM also didnt bother to contact  me...
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If want better service, join private bank. RM typically only serve a few tens clients instead of a few hundred of privilege/priority.
fun_feng
post Jul 2 2019, 09:44 AM

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QUOTE(tsmin1989 @ Jun 29 2019, 05:01 PM)
Total AUM for HLB is RM300k and above

user posted image
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They give a PB debit card...??

Mine HLB PB like nothing like that... the RM just tell me I got PB status, thats all

Ask them to apply a credit card take months,, in the end i just give up..

I think CIMB Preferred is better
frostfrench
post Jul 2 2019, 10:02 AM

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QUOTE(donhay @ Jul 1 2019, 04:11 PM)
I was wondering, those who are priority customer with a bank. May I know what's the benefits do you get? and how's your Relationship manager?

For me, I got Hong Leong, actually nothing terrific.

My RM help me to diversify my portfolio and introduce me to a structure product investment, which are ok. Then he keep introducing other investments. He also help me do my FD when FD mature, i don't have to q.
When in the branch, some HL branch have priority lane, but still have to q
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i'M priority banking with CIMB and hong leong.

For hong leong, i dont see my RM at all. Going to bank branches also no use, for the priority lane in most branches, still have to q, except when i go HQ in damansara.

For CIMB, more or less the same. Good thing is FD can get a bit better rates
il0ve51
post Jul 2 2019, 10:27 AM

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Nowadays they seldom host even for free makan & investment talk. Last time got many i accompany my father. Then when i qualify to become PB, no much this perk liao.

Now im Ambank, CIMB & Alliance.
Any bank that always got free makan & investment talk?

This post has been edited by il0ve51: Jul 2 2019, 10:27 AM
icemanfx
post Jul 2 2019, 06:45 PM

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QUOTE(il0ve51 @ Jul 2 2019, 10:27 AM)
Nowadays they seldom host even for free makan & investment talk. Last time got many i accompany my father. Then when i qualify to become PB, no much this perk liao.

Now im Ambank, CIMB & Alliance.
Any bank that always got free makan & investment talk?
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Banks still organize events to promote their products regularly. Just that only invite those deem qualified or likely to buy to attend.

This post has been edited by icemanfx: Jul 2 2019, 07:24 PM
Boomwick
post Jul 2 2019, 07:13 PM

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Only use the preferred /priority for free parking.. bagus
prince_mk
post Jul 2 2019, 08:49 PM

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QUOTE(Havoc Knightmare @ Jul 1 2019, 08:47 PM)
Maintain a minimum of SGD 200k in AUM. Unlike Malaysian banks, it can be in stocks and all other sort of investment assets, instead of just cash.
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Thanks bro...
donhay
post Jul 3 2019, 08:27 AM

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QUOTE(Boomwick @ Jul 2 2019, 12:24 AM)
Dont u find HLB punya RM turnover rate very fast?
Mine is keep changing.. RM also didnt bother to contact  me...
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I been HLB priority for 2 years, and got 2 different RM, didn't even contact the new RM.
touristking
post Jul 3 2019, 11:09 AM

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QUOTE(Havoc Knightmare @ Jul 1 2019, 01:47 PM)
Maintain a minimum of SGD 200k in AUM. Unlike Malaysian banks, it can be in stocks and all other sort of investment assets, instead of just cash.
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A question pls. If you are a Singapore Chartered Bank priority customer, are you also automatically a Malaysia Chartered Bank priority customer? With HSBC, you are anywhere else in the world, I think


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